Chempricehub, June 10
On June 10, Sinopec East China implemented a price of 11,400 RMB/ton, Sinopec North China at 11,000 RMB/ton, Sinopec Central China at 11,000 RMB/ton, and Sinopec South China at 10,850 RMB/ton, down by 400 RMB/ton compared to the previous trading day. The butadiene spot market has recently shown a weakening trend. The sustained decline in futures prices has dampened market trading sentiment, with trading volumes remaining subdued. Manufacturers face sluggish sales and are forced to lower prices to stimulate volume. Currently, the market lacks positive catalysts, and prices are expected to remain weak in the near term, with limited room for a significant rebound.